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The influence of risk diversification on the early exercise of employee stock options by executive officers

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  • Hemmer, Thomas
  • Matsunaga, Steve
  • Shevlin, Terry

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  • Hemmer, Thomas & Matsunaga, Steve & Shevlin, Terry, 1996. "The influence of risk diversification on the early exercise of employee stock options by executive officers," Journal of Accounting and Economics, Elsevier, vol. 21(1), pages 45-68, February.
    • Handle: RePEc:eee:jaecon:v:21:y:1996:i:1:p:45-68
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    References listed on IDEAS

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    1. Patell, Jm, 1976. "Corporate Forecasts Of Earnings Per Share And Stock-Price Behavior - Empirical Tests," Journal of Accounting Research, Wiley Blackwell, vol. 14(2), pages 246-276.
    2. Cuny, Charles J. & Jorion, Philippe, 1995. "Valuing executive stock options with endogenous departure," Journal of Accounting and Economics, Elsevier, vol. 20(2), pages 193-205, September.
    3. Matsunaga, S & Shevlin, T & Shores, D, 1992. "Disqualifying Dispositions Of Incentive Stock-Options - Tax Benefits Versus Financial-Reporting Costs," Journal of Accounting Research, Wiley Blackwell, vol. 30, pages 37-68.
    4. Huddart, Steven, 1994. "Employee stock options," Journal of Accounting and Economics, Elsevier, vol. 18(2), pages 207-231, September.
    5. Hemmer, Thomas, 1993. "Risk-free incentive contracts : Eliminating agency cost using option-based compensation schemes," Journal of Accounting and Economics, Elsevier, vol. 16(4), pages 447-473, October.
    6. Lambert, Ra & Larcker, Df & Verrecchia, Re, 1991. "Portfolio Considerations In Valuing Executive-Compensation," Journal of Accounting Research, Wiley Blackwell, vol. 29(1), pages 129-149.
    7. Haim A. Mozes, 1995. "An Upper Bound for the Firm's Cost of Employee Stock Options," Financial Management, Financial Management Association, vol. 24(4), Winter.
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